Transfer: Real Madrid told to pay €300m to sign Olise

Real Madrid are reportedly considering a sensational move for Bayern Munich winger Michael Olise as they continue plans to strengthen their attacking options ahead of next season.

According to Spanish newspaper Diario AS, the French international has once again emerged as a transfer target for the Spanish giants, with Bayern Munich reportedly placing a €300 million valuation on the highly rated attacker.

Despite completing the signing of Yan Diomande from RB Leipzig for €140 million this summer, Real Madrid are understood to be interested in adding more quality to their wide attacking positions during the next transfer window.

The report claims that Los Blancos have continued to monitor Olise’s situation at Bayern, particularly as the winger has yet to commit his future to the German champions by signing a new contract.

Olise was heavily linked with a move to the Santiago Bernabeu during the previous summer transfer window. However, Real Madrid publicly dismissed reports suggesting that negotiations had taken place with the player.

In an official statement, the Spanish club insisted that neither the player, his representatives nor anyone close to him had been contacted over a possible transfer.

“In view of the information that has appeared in various media about an alleged interest of our club in the Bayern Munich player Michael Olise, Real Madrid C. F. wishes to state that it has not maintained any direct or indirect contact with the aforementioned footballer, his representatives or people around him.

“Real Madrid would also like to highlight the excellent institutional relationship it has with Bayern Munich, with whom it shares a long history of mutual respect, collaboration and admiration, and regrets the spread of speculation that does not correspond to reality.”

The club further emphasised the importance of maintaining its strong relationship with Bayern Munich, stressing that any potential interest in a player contracted to the German side should first be communicated directly between both clubs.

“Both clubs have always maintained a relationship based on trust and mutual respect, which is reflected, among other aspects, in the shared conviction that any possible interest in a player belonging to the other club must be dealt with first and foremost between the entities themselves, in accordance with the principles of institutional loyalty that have historically presided over relations between Bayern Munich and Real Madrid.”

Despite the previous denial, Real Madrid president Florentino Perez is reportedly determined to bring another high-profile signing to the Bernabeu as part of his long-term vision for the squad.

Olise is believed to fit the profile of player Perez wants to add to his collection of Galacticos, although Bayern’s reported €300 million valuation could make any potential deal extremely difficult.